• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    BlackRock CEO Predicts $500K Bitcoin Surge

    BlackRock CEO Predicts $500K Bitcoin Surge

    Metaplanet Launches US and Japan Subsidiaries Amid Market Volatility

    Metaplanet Launches New US, Japan Subsidiaries Amid Stock Volatility

    Bitcoin Options Market Eyes $125K Targets Post-FOMC

    Bitcoin Options Market Eyes $125K Targets Post-FOMC

    Bitcoin Bulls Eye $125K Amid Fed Rate Cut Speculations

    Bitcoin Bulls Eye $125K Amid Fed Rate Cut Speculations

    Next Technology's Major Bitcoin Acquisition Plans

    Next Technology Plans $500M Stock Sale to Buy Bitcoin

    Next Technology Plans $500M Stock Sale to Acquire Bitcoin

    Next Technology Plans $500M Stock Sale to Acquire Bitcoin

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    Bio Protocol Secures $6.9M Funding Led by Maelstrom Fund

    Bio Protocol Secures $6.9M Funding Led by Maelstrom Fund

    Cardano Founder Engages in Key Crypto Regulation Meeting

    Cardano Founder Engages in Key Crypto Regulation Meeting

    Wormhole Launches W Token Reserve and Revamps Tokenomics

    Wormhole Launches W Token Reserve and Revamps Tokenomics

    Shiba Inu Market Trends: Exchange Reserves and ETF Discussions

    Shiba Inu Exchange Reserves Drop Amid ETF Buzz

    Forward Industries' $4B Solana Investment Strategy Unveiled

    Forward Industries’ $4B Solana Investment Strategy Unveiled

    CleanCore's DOGE Treasury Surpasses $160M Boosting Market

    CleanCore’s DOGE Treasury Surpasses $160M Boosting Market

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

North Korean Hackers are Moving Target from Cryptocurrency Exchanges to Individual Investors

Joshua T. by Joshua T.
December 4, 2018
in Latest News
crypto exchange hacks

The perchance North Korea has for cryptocurrency has so far been described as inappropriate or excessive by some, as a recent report shows that there are several criminal activities that go on in the country for this reason. Some have even gone as far as connecting the country’s government with several crypto exchange hacks this year.

Crypto Exchange Hacks

A recent report made it known that the top five crypto exchange hacks this year, were carried out by a North Korea-based hacker consortium called Lazarus. The infamous $500 million CoinCheck breach is among the five reported crypto exchange hacks.
The hackers according to a cybersecurity firm called Group-IB, used malware, social engineering and phishing to gain access to relevant access points and databases. More report suggests that Lazarus’ new targets are retail cryptocurrency consumers, which includes the common man that would not normally be a target for these kind of hackers.

Kwon Seok-Chul who is the CEO of Cuvepia, a cybersecurity organization which is based in South Korea has come out to say that since April 2018, about 30 different attracts on regular crypto wallet holders have been recorded by his firm. He also said that the 30 cases he mentioned were just a little compared to the actual amount which could be up to 100. He went on to describe this form of attack as “Robin hood-inspired.”

Simon Choi who belongs to a self-acclaimed cyber warfare research group called IssueMakersLabs, has also recently spoken about this menace, saying that bitcoin hackers have changed their strategy in carrying out their acts.

A major reason for this is because these crypto exchanges have started tightening up their defences. A good example can be seen with Binance who moved a large portion of the Ethereum-based tokens in its possession just recently, to a more secure wallet.

Simon Choi in his statement, also suggested that South Korean CEOs are also the likely targets of these hackers, as these CEOs own crypto coins like Bitcoins in billions of won.

Report from a recent publication suggests that Lazarus has given up on crypto exchange hacks and decided to focus on their new strategy.

Tags: crypto exchange hacksNorth Korean
Previous Post

New Russia-Based Classified Website Allows Buying and Selling of Products and Services Using Crypto

Next Post

Joseph Lubin Says Ethereum Adoption is Growing Rapidly despite the Falling in Price

Joshua T.

Joshua T.

Related Posts

Fed Chair Confirms No Widespread Support for 50bps Cut

Fed Chair Confirms No Widespread Support for 50bps Cut

by Joshua T.
September 18, 2025

Federal Reserve opts for a 25bps rate cut; Jerome Powell confirms limited support for deeper cuts.

Federal Reserve Cuts Rates by 25 Basis Points

Federal Reserve Cuts Rates by 25 Basis Points

by Joshua T.
September 18, 2025

Federal Reserve opts for a 25 basis point rate cut as Fed Chair Powell clarifies decision. Implications for crypto and...

Fed Opts for 25 Basis Points Rate Cut

Fed Opts for 25 Basis Points Rate Cut

by Solomon M.
September 18, 2025

Federal Reserve announces 25 bps rate cut amid divided committee support.

Bio Protocol Raises $6.9M in Seed Round

Bio Protocol Raises $6.9 Million Led by Maelstrom Fund

by Solomon M.
September 18, 2025

Bio Protocol secures $6.9M in seed funding, led by Maelstrom Fund, boosting DeSci potential.

Cardano, Ripple Lead Crypto Regulation Talks

Cardano, Ripple Lead Crypto Regulation Talks

by Solomon M.
September 18, 2025

Cardano and Ripple join U.S. lawmakers for key bipartisan crypto regulation discussions, marking significant policy progress.

Federal Reserve Cuts Interest Rates by 25 Basis Points

Federal Reserve Cuts Interest Rates by 25 Basis Points

by Solomon M.
September 17, 2025

Federal Reserve Chair Jerome Powell announces 25 bps rate cut affecting market liquidity.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.